LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC)(“AMC” or “the Company”)
announced today that it intends to offer, subject to market and other
conditions, $475 million in aggregate principal amount of
dollar-denominated senior subordinated notes due 2027 (the “Dollar
Notes”) and an additional £250 million aggregate principal amount of
sterling-denominated 6.375% Senior Subordinated Notes due 2024 (the
“Sterling Notes” and together with the Dollar Notes, the “Notes”) in a
private offering that is exempt from the registration requirements of
the Securities Act of 1933, as amended (the “Securities Act”). The
Sterling Notes will be an additional issuance of the Company’s existing
6.375% Senior Subordinated Notes due 2024, that were issued on November
8, 2016.

AMC intends to use the net proceeds from this offering to finance the
acquisition of Nordic Cinema Group Holding AB (the “Nordic
Acquisition”), pay related fees and expenses and to use any remaining
proceeds for general corporate purposes. In the event the Nordic
Acquisition is not completed on or prior to June 30, 2017, AMC will be
required to redeem the Notes at a redemption price equal to the initial
offering price of the Notes plus accrued and unpaid interest to, but not
including, the redemption date.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any of the Notes or any other
securities, nor will there be any sale of the Notes or any other
securities in any state or other jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or other
jurisdiction. The Notes and related guarantees are being offered only to
persons reasonably believed to be qualified institutional buyers in
reliance on the exemption from registration set forth in Rule 144A under
the Securities Act, and to non-U.S. persons outside the United States in
reliance on the exemption from registration set forth in Regulation S
under the Securities Act. The Notes and the related guarantees have not
been registered under the Securities Act, or the securities laws of any
state or other jurisdiction, and may not be offered or sold in the
United States without registration or an applicable exemption from the
Securities Act and applicable state securities or blue sky laws and
foreign securities laws.

About AMC Theatres

AMC is the largest movie exhibition company in the U.S., in Europe and
throughout the world with 906 theatres and 10,558 screens across the
globe, prior to factoring in the Nordic acquisition.

Forward-Looking Statements

This press release includes “forward-looking statements” within the
meaning of the “safe harbor” provisions of the United States Private
Securities Litigation Reform Act of 1995. Forward-looking statements may
be identified by the use of words such as “forecast,” “plan,”
“estimate,” “will,” “would,” “project,” “maintain,” “intend,” “expect,”
“anticipate,” “prospect,” “strategy,” “future,” “likely,” “may,”
“should,” “believe,” “continue,” “opportunity,” “potential,” and other
similar expressions that predict or indicate future events or trends or
that are not statements of historical matters. Similarly, statements
made herein and elsewhere regarding the anticipated acquisition of
Nordic are also forward-looking statements, including management’s
statements about the effect of the acquisition on AMC’s future business,
operations and financial performance, AMC’s ability to successfully
integrate the acquisition into its operations, the anticipated closing
date of the Nordic acquisition, and the source and structure of
financing for the Nordic acquisition, including the consummation of the
Notes offering contemplated herein. These forward-looking statements are
based on information available at the time the statements are made
and/or management’s good faith belief as of that time with respect to
future events, and are subject to risks, trends, uncertainties and other
facts that could cause actual performance or results to differ
materially from those expressed in or suggested by the forward-looking
statements. These risks, trends, uncertainties and facts include, but
are not limited to, risks related to: motion picture production and
performance; AMC’s lack of control over distributors of films; intense
competition in the geographic areas in which AMC operates; increased use
of alternative film delivery methods or other forms of entertainment;
shrinking exclusive theatrical release windows; international economic,
political and other risks; risks and uncertainties relating to AMC’s
significant indebtedness; limitations on the availability of capital;
risks relating to AMC’s inability to achieve the expected benefits and
performance from its recent acquisitions; AMC’s ability to comply with a
settlement it entered into with the U.S. Department of Justice pursuant
to which it agreed to divest theatres and divest holdings in National
CineMedia, LLC; the failure to obtain the necessary financing
arrangements as set forth in the debt commitment letters entered in
connection with the Nordic Acquisition, or the failure of the Nordic
Acquisition to close for any other reason, including the failure to
receive regulatory approval; AMC’s ability to refinance its indebtedness
on favorable terms; optimizing AMC’s theatre circuit through
construction and the transformation of its existing theatres may be
subject to delay and unanticipated costs; failures, unavailability or
security breaches of AMC’s information systems; risks relating to
impairment losses and theatre and other closure charges; AMC’s ability
to utilize net operating loss carryforwards to reduce its future tax
liability; review by antitrust authorities in connection with
acquisition opportunities; risks relating to unexpected costs or unknown
liabilities relating to recently completed acquisitions; risks relating
to the incurrence of legal liability; general political, social and
economic conditions and risks, trends, uncertainties and other facts
discussed in the reports AMC has filed with the SEC. Should one or more
of these risks, trends, uncertainties or facts materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially from those indicated or anticipated by the forward-looking
statements contained herein. Accordingly, you are cautioned not to place
undue reliance on these forward-looking statements, which speak only as
of the date they are made. Forward-looking statements should not be read
as a guarantee of future performance or results, and will not
necessarily be accurate indications of the times at, or by, which such
performance or results will be achieved. For a detailed discussion of
risks, trends and uncertainties facing AMC, see the section entitled
“Risk Factors” in AMC’s Annual Report on Form 10-K, filed with the
Securities and Exchange Commission on March 10, 2017, and the risks,
trends and uncertainties identified in their other public filings. AMC
does not intend, and undertakes no duty, to update any information
contained herein to reflect future events or circumstances, except as
required by applicable law.